Comment on Buying a $250 Residency Card From a Tropical Island Let Me Bypass U.S. Crypto Laws
shortwavesurfer@lemmy.zip 2 days agoThat’s true. And personally, I stay away from all of that mess. And anybody I introduce, I take great pains to explain why I stay away from all that mess. But if they want to make their own mistakes, then that’s on them.
sugar_in_your_tea@sh.itjust.works 2 days ago
Yup. There are a handful of useful coins, and a handful of legit exchanges. Hold your own keys in FOSS wallets, keep backups of your keys, and don’t expect to get rich quick (and instead find a use outside of investing). Do that, and you should be fine.
I’m super interested in privacy coins like Monero, so I go out of my way to find merchants that accept it. It’s reasonably stable, has very low transaction fees, and it’s fairly popular among privacy advocates, so I doubt it’ll go away anytime soon. That said, I only keep what I’ll spend, so make a couple hundred at a time.